Mitsui Fudosan Retail Fund Refinances 2 Billion Yen Short-Term Borrowing
MT Newswires Live
Oct 08
Frontier Real Estate Investment (TYO:8964) will execute a 2 billion yen short‑term borrowing from The Bank of Fukuoka on Oct. 13 at a fixed rate of 1.44127% to repay maturing debt of a similar amount.
The new loan, maturing Nov. 13, will refinance an existing borrowing from the same lender, according to a Thursday Tokyo bourse filing.
Following this refinancing, total borrowings remain unchanged at 153.7 billion yen, comprising 2 billion yen in short-term borrowings, 138.2 billion yen in long-term borrowings, and 13.5 billion yen in investment corporation bonds.
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